PPP Loan information for Insulation specialties, incorporated

$1,400,000

Insulation specialties, incorporated was initially approved for PPP Loan of amount $1,400,000, the current approved amount is $1,400,000. The loan was approved on 01/16/2021 by The The Bank of Southside Virginia reported 102 jobs and $1,400,000 was used to fund payroll.

Insulation specialties, incorporated is Existing or more than 2 years old

PPP Loan Search / VA / Hopewell / Insulation specialties, incorporated

INSULATION SPECIALTIES, INCORPORATED

Date Approved

01/16/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

INSULATION SPECIALTIES, INCORPORATED

Borrower Address

501 Westover Ave

Borrower City

Hopewell

Borrower State

VA

Borrower Zip

23860-5150

Loan Status Date

07/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1400000.00

Current Approval Amount

1400000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73141

Servicing Lender Name

The Bank of Southside Virginia

Servicing Lender Address

17208 Halligan Park Rd

Servicing Lender City

CARSON

Servicing Lender State

VA

Servicing Lender Zip

23830-3208

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Hopewell

Project County Name

HOPEWELL CITY

Project State

VA

Project Zip

23860-5150

CD

VA-04

Jobs Reported

102

NAICS Code

238990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1400000.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

73141

Originating Lender

The Bank of Southside Virginia

Originating Lender City

CARSON

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1405638.89

Forgiveness Date

06/15/2021

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